Understanding Tenant Agreement Housing Society or RWA Rental agreements are more or less similar all over the country. It mentions various terms of the agreement, which include: * Amount of rent to be paid every month * The amount of safety deposit to be paid to the owner on a return basis * Period ofRead more

GST Impact on Housing Societies or RWA Co-operative Housing Societies are entities registered under the co-operative laws of the respective States. According to Section 2(16) of the Maharashtra Co-operative Society Act, 1960, “housing society” means a society, the object of which is to provide its members with open plots for housing, dwelling houses or flats;Read more

TDS for Housing Society On registration of housing society, the society gets the status of legal entity. Under the Income Tax Act 1961, a Cooperative Housing Society is taxable entity. It is mandatory for any legal entities to file TDS return and Income tax returns thus it is also obligatory to all housing societies toRead more